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Cobalt Prices Rise as DRC Strengthens Control Over Strategic Mineral 1 Mining in DRC Battery Metals Cobalt 

Cobalt Prices Rise as DRC Strengthens Control Over Strategic Mineral

Constance
DRC Cobalt Prices Increase to USD 48,472/ton as Government Tightens Export Rules and Boosts Market Influence Cobalt, one of the Democratic Republic of Congo’s most important mineral exports, is showing renewed momentum on international markets. According to projections from the National Market Commission of the Ministry of Foreign Trade, the metal is expected to trade at USD 48,472 per ton during the week of December 8–13, 2025, up from USD 47,886 the previous week—an increase of USD 586. This upward trend is driven by strong global demand, particularly from the… Read More Here
Tshisekedi Outlines Four Priorities After Historic Peace Agreement with Rwanda 2 Mining in DRC Governance 

Tshisekedi Outlines Four Priorities After Historic Peace Agreement with Rwanda

Constance
DRC–Rwanda Peace Deal: Tshisekedi Sets Roadmap for Security, Withdrawal of Foreign Forces & Lasting Stability As is customary, President Félix Antoine Tshisekedi Tshilombo addressed parliamentarians gathered in Congress on Monday, December 8, 2025. In his speech, he clarified the nature and objectives of the agreements recently signed in Washington. He emphasized that four major priorities will guide government action in the coming weeks—key steps intended to translate the peace accord into tangible results on the ground. Reflecting on what he called a historic moment, President Tshisekedi underlined the importance of… Read More Here
Tshisekedi Launches Strategic Overhaul to Reclaim and Reshape the Congolese Mining Sector 3 Mining in DRC Governance 

Tshisekedi Launches Strategic Overhaul to Reclaim and Reshape the Congolese Mining Sector

Constance
DRC Recovers 30,000 Mining Sites and Introduces Cobalt Export Quotas to Boost Strategic Control President Félix Tshisekedi has announced a sweeping restructuring of the Democratic Republic of Congo’s mining sector—an economic pillar and a crucial strategic resource in the global shift toward clean energy. His objective is clear: regain control of a fragmented industry, long undervalued and dominated by speculative interests, and turn it into a genuine engine of national development. The government has reclaimed nearly 30,000 mining concessions previously held by inactive operators or land hoarders. The move signals… Read More Here
Gemfields Earns $25.4m From Year-End Emerald Auction as Market Demand Rebounds 24 Mining in Zambia Gemstones 

Gemfields Earns $25.4m From Year-End Emerald Auction as Market Demand Rebounds

Constance
Gemfields Closes 2025 With Strong Emerald Auction Performance Despite Earlier Kagem Disruptions Gemfields has announced $25.4 million in revenue from its November–December auction of commercial-quality rough emeralds, ending the year with one of its strongest sales performances despite earlier operational challenges at the Kagem mine in Zambia. The auction was conducted via private viewings in Jaipur, India, followed by an online sealed-bid process. Of the 46 lots offered, 45 lots—equal to 98%—were sold at an average price of $7.46 per carat. Nearly 3.66 million carats were made available, with about… Read More Here
Zambia’s Copper Industry Records Strong Growth as Production Approaches One Million Tons 25 Copper Economy Mining in Zambia News in Brief 

Zambia’s Copper Industry Records Strong Growth as Production Approaches One Million Tons

Constance
Zambia’s Copper Export Earnings Surge 31% in October 2025 as Output Nears Historic Peak Zambia’s copper sector posted impressive results in October 2025, with export earnings from refined copper rising by 31.2% to K20.8 billion, up from K15.0 billion in September. The sharp monthly increase reflects sustained growth in national copper output as the country moves closer to surpassing one million tons of annual production—a milestone not reached in recent years. This rebound comes amid firm global copper prices and growing international demand, driven by the expansion of renewable energy… Read More Here
Kafue Gorge Lower Solar Project Marks Major Step Toward Zambia’s Clean Energy Future 26 Mining in Zambia Energy 

Kafue Gorge Lower Solar Project Marks Major Step Toward Zambia’s Clean Energy Future

Constance
Zambia Breaks Ground on Kafue Gorge Lower 100MW Solar Project to Boost National Energy Security Zambia’s ambition to strengthen long-term energy security has received a major boost with the groundbreaking of the Kafue Gorge Lower 100MW Solar Project in Sikoongo Chiefdom, Chirundu District, Southern Province. The initiative features a 100MW solar power plant, a 33/330kV substation, and a 15-kilometre transmission line connecting the facility to the Kafue Gorge Upper grid. Construction is expected to be completed within 12 months. Speaking during the groundbreaking ceremony, ZESCO Managing Director Eng. Justin Loongo… Read More Here
Mercuria Moves to Withdraw $500 Million in Copper Amid Looming Global Shortages 27 International Copper Corporate News 

Mercuria Moves to Withdraw $500 Million in Copper Amid Looming Global Shortages

Constance
Mercuria Orders $500M Copper Withdrawal from LME as US Tariff Threat Fuels Global Supply Crunch Mercuria Energy Group Ltd. has ordered roughly $500 million worth of copper for withdrawal from warehouses supervised by the London Metal Exchange (LME), positioning itself ahead of a possible global supply squeeze driven by looming US tariffs. According to people familiar with the matter, Mercuria was the primary party behind requests to withdraw about 50,000 tons of copper from LME depots on Wednesday. The cancellations mark the largest removal of LME copper inventories in more… Read More Here
FQM Hands Major Mining Operations to Local Contractor Mineral Link in Zambia 28 Mining in Zambia Corporate News Mining Equipment 

FQM Hands Major Mining Operations to Local Contractor Mineral Link in Zambia

Constance
FQM Boosts Zambia Mining Local Content by Awarding Major Load-and-Haul Contract to Mineral Link First Quantum Minerals (FQM), through its subsidiary FQM Trident Limited, has reaffirmed its commitment to Zambia’s socio-economic development by expanding opportunities for local businesses and transferring key operational responsibilities to the Zambian-owned contractor Mineral Link Limited. This partnership signals a significant evolution in Zambia’s mining sector, shifting from traditional service provision to full contract mining. Mineral Link, a second-generation family business based in Chingola, will now manage enterprise load-and-haul operations previously handled internally by FQM. According… Read More Here
Mercuria and Gécamines Launch Copper and Cobalt Trading Venture in the DRC 29 Mining in DRC Cobalt Copper Corporate News 

Mercuria and Gécamines Launch Copper and Cobalt Trading Venture in the DRC

Constance
New Mercuria–Gécamines Joint Venture Aims to Boost Copper and Cobalt Exports from the DRC Mercuria Energy Trading has launched a metals-trading joint venture with Gécamines, the Democratic Republic of Congo’s state-owned mining company, to market copper and cobalt acquired through Gécamines’ equity stakes in local mining projects. According to Kostas Bintas, head of metals at Mercuria Energy Group, the venture could eventually market more than 500,000 tons of copper cathodes per year, in addition to substantial volumes of cobalt. The agreement coincides with recent cooperation between the United States and… Read More Here

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